Our Code of Conduct (the “Code”) provides guidance for ethical business conduct and serves as the foundation for our commitment to Integrity as a company. The Code is part of our Compliance Management System to support healthy and sustainable growth.
In the United Kingdom (“UK”), large UK companies and UK companies that are part of a large multinational group are required to publish their tax strategy. The tax strategy explains the UK company’s tax arrangements. The tax strategy must be available free of charge on the internet. Since the YFAI Group has a UK company, Yanfeng UK Automotive Interior Systems Co. Ltd., we publish the below tax strategy as part of our UK compliance obligations.